‘Teflon’ Elon Wins Again as Jury Rejects Tweet Fraud Claims (2)

Feb. 4, 2023, 2:50 AM UTC

Elon Musk proved once again that he’s difficult to beat in court.

On Friday, a federal jury in San Francisco took just two hours to clear the Tesla Inc. chief executive officer of claims by investors that he defrauded them when he tweeted 4 1/2 years ago that he was considering taking the company private and had “funding secured” to make the deal happen.

The outcome marked another victory for the billionaire’s go-to lawyer, Alex Spiro, in a risky trial that many high-profile executives would have avoided by reaching an out-of-court settlement.

In 2019, Spiro persuaded a federal jury ...

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